SEC Steps Back from Meme Coin Oversight, Leaving $TRUMP and Others Unregulated
The U.S. Securities and Exchange Commission (SEC) has officially pulled back from overseeing memecoins, effectively leaving traders and investors to navigate the volatile space without regulatory guidance. SEC Commissioner Hester Peirce stated this week that tokens like $TRUMP—a memecoin tied to President Donald Trump’s growing crypto empire—will not be classified as securities, nor subject to…
